Credit and Debt – Page 49

Bed Bath & Beyond’s Stock Offering Is Backed by Hudson Bay Capital

Hudson Bay Capital has essentially agreed to make sure the troubled retailer will sell roughly $1 billion in shares as it tries to avoid bankruptcy.

By Lauren Hirsch and Jordyn Holman

The pandemic has brought a boom in entrepreneurship, but higher interest rates, a chill in venture capital and fears of recession now pose obstacles.

By Sydney Ember

The bank, the biggest in the United States, reported a large profit in its latest quarter, but said it was girding for a downturn later in the year.

By Rob Copeland

Both banks increased their reserves as protection against deteriorating economic conditions, but signaled optimism about consumer resilience.

By Stacy Cowley